. Two mutually exclusive projects have projected cash flows as follows:
a) Determine the internal rate of return for each project. [2 Marks]
b) Determine the net present value for each project at discount rates of 0, 5,10,20,30, and 35 percent. [2 Marks]
c) Plot a graph of the net present value of each project at the different discount rates. [2 Marks]
d) Which project would you choose? Why? [ 2 Marks]
e) What is each project’s MIRR if the cost of capital is 12 percent?